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The Value of Hardwood Flooring

The Value of Hardwood Flooring

Hardwood floors are commonly sought after for home renovations because it is thought that they will increase the resale value of the house. But, is this really the case? Let’s look at the truth behind this claim and how much value hardwood flooring really adds to your home.

Does hardwood flooring increase the value of a house?

Hardwood floors are popular among homebuyers because they look great and can add a touch of luxury to a home. So, if that’s what homebuyers want, then surely you should install hardwood floors to make your house more popular, right? The bottom line is that there is no evidence to prove that hardwood flooring increases the resale value of a house. This doesn’t mean that it doesn’t – many real estate professionals still believe in this claim, there’s just no current data to back it up in terms of real money.

Even if they have no effect on the value of your home, that doesn’t mean hardwood floors don’t provide value in other ways.

What value does hardwood flooring offer?

Quality hardwood floors are tough and durable, making them longer lasting than other flooring materials such as carpet, vinyl, and laminate. This makes them a great investment because they will stay in good condition for longer and won’t need replacing as soon as other material options. A good hardwood floor can last for years longer than carpet or laminate, so your money goes a long way. You can also extend its life by having it refinished.

Hardwood floors are also much easier to clean and maintain than carpet, meaning lower maintenance costs across the lifetime of your floors. Carpets tend to accumulate dust and dirt more easily than hardwood floors, so they’ll need cleaning more often and also reduce the quality of air in your home, which can be an issue for sufferers of allergies.

Many industry experts will tell you that a house with hardwood floors will sell quicker and for more money, and maybe that’s true. But don’t invest all your budget into installing hardwood floors for this reason alone when it might not pay off. There are plenty of other reasons that hardwood floors are a good investment.

University Flooring Center provides hardwood flooring materials and installation services in Winston Salem, NC. We also serve cities across North Carolina, including Greensboro, High Point, and Kernersville. Contact us today to find out more about our services and how we can help you.